Answer:
d. None of the above is correct.
Explanation:
In colonial America, labor and capital are at scarce, however, supply of land is very high. In 18th century, about 90% of colonial american population have earned major portion of income through agriculture. Colonial american produce higher output per labor, which lead them to a better living standard than many people living in developed countries. The most important industries of colonial America are Tobacco, ship´s store and ship building.
Answer:an automatic stabilizer because it falls as income increases, slowing an economic expansion
Explanation:Unemployment Compensation are benefits provided by government to serve as a temporary income when one loses his or her job through no fault of him or her.
The money partly helps one pay expenses while looking for new job
Unemployment compensation is a fiscal policy used as an Automatic stabilizers to stabilise fluctuations in a nation's economic activity.
Similarly, Unemployment compensation payments, falls when the economy is in a phase of expansion since there are few unemployed people filing claims for compensation and rise when the economy is high in recession and high rate of unemployment IE when there are many people filing claims for compensation.
<span> law of demand.......................</span>
As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.
<h3>What is middle class income.</h3>
Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.
Therefore, a decline in middle and lower classes reduced income will reduce the household spending.
Learn more on income here,
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Answer:
Job analysis
Explanation:
Many organizations carry out what is called job analysis. It entails spelling out the job functions, skills, experience and knowledge required to perform the job. It is important to analyze the skills required to perform a job because such would afford an organization to have directions in terms of matching skills with work.
Also, organizations analyze jobs to confirm that it is line with the company's current goals and objectives instead of a job that does not go in line with a company's current structure.